REG - Hunting PLC - Director/PDMR Shareholding

HuntingAnnouncement

14/03/2019 14:30

RNS Number : 9247S
Hunting PLC
14 March 2019
 






For Immediate Release


14 March 2019




 
Hunting PLC
 
("Hunting" or "the Company")
 
Directors Shareholding/PDMR transactions
 
Hunting PLC today announces that under the rules of the Hunting Performance Share Plan ("HPSP"), and following the measurement of the relevant performance conditions, shares granted in 2016 to the executive Directors and members of the Hunting executive committee, who are all determined to be PDMRs, partially vested and were exercised as follows:
 




PDMR


Position


No. of vested & exercised awards


No. of ordinary shares sold


No. of ordinary shares retained




Jim Johnson


Executive Director


179,745


70,901


108,844




Rick Bradley


Executive Committee


106,014


41,830


64,184




Scott George


Executive Committee


112,674


83,610


29,064




Chris Wallace


Executive Committee


7,139


7,139


n/a




Bruce Ferguson


Executive Committee


61,470


28,978


32,492




Sean O'Shea


Executive Committee


40,827


n/a


40,827




Daniel Tan


Executive Committee


74,948


25,099


49,849




 
Mr Johnson's interest in Hunting PLC ordinary shares, as a Director of the Company, now totals 205,042 ordinary shares, representing 0.12% of the issued share capital of the Company.
 
The performance measures of the awards are noted on pages 75 and 81 of the 2018 Annual Report and Accounts. The performance period was 1 January 2016 to 31 December 2018.
 
The closing middle market price of a Hunting PLC ordinary share on the vesting date was 518.50 pence per share. The average selling price of the above ordinary shares for tax liabilities was 519.94 pence.
 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Jim Johnson




2


Reason for the notification




a)


Position/status


Chief Executive




b)


Initial notification /Amendment


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Hunting PLC




b)


LEI


2138008S5FL78ITZRN66




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




 


TRANSACTION 1




 
 


Description of the financial instrument, type of instrument


Ordinary Shares of 25 pence each




 


 




Identification code


ISIN:- GB0004478896




 


 




 


Nature of the transaction


Vesting and exercise of share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.




 
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


519.94 pence


179,745 Ordinary Shares


 




 


 


 


 


 




Date of the transaction


13 March 2019




Place of the transaction


London




 


TRANSACTION 2




 
 


Description of the financial instrument, type of instrument


Ordinary Shares of 25 pence each




 


 




Identification code


ISIN:- GB0004478896




 


 




 


Nature of the transaction


Sale of Ordinary Shares to cover tax liabilities




 
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


519.94 pence


70,901 Ordinary Shares


 




 


 


 


 


 




Date of the transaction


13 March 2019




Place of the transaction


London




 
 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Rick Bradley




2


Reason for the notification




a)


Position/status


Executive Committee Member




b)


Initial notification /Amendment


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Hunting PLC




b)


LEI


2138008S5FL78ITZRN66




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




 


TRANSACTION 1




 
 


Description of the financial instrument, type of instrument


Ordinary Shares of 25 pence each




 


 




Identification code


ISIN:- GB0004478896




 


 




 


Nature of the transaction


Vesting and exercise of share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.




 
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


519.94 pence


106,014 Ordinary Shares


 




 


 


 


 


 




Date of the transaction


13 March 2019




Place of the transaction


London




 


TRANSACTION 2




 
 


Description of the financial instrument, type of instrument


Ordinary Shares of 25 pence each




 


 




Identification code


ISIN:- GB0004478896




 


 




 


Nature of the transaction


Sale of Ordinary Shares to cover tax liabilities




 
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


519.94 pence


41,830 Ordinary Shares


 




 


 


 


 


 




Date of the transaction


13 March 2019




Place of the transaction


London




 
 




 


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Scott George




2


Reason for the notification




a)


Position/status


Executive Committee Member




b)


Initial notification /Amendment


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Hunting PLC




b)


LEI


2138008S5FL78ITZRN66




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




 




 


TRANSACTION 1




 
 


Description of the financial instrument, type of instrument


Ordinary Shares of 25 pence each




 


 




Identification code


ISIN:- GB0004478896




 


 




 


Nature of the transaction


Vesting and exercise of share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.




 
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


519.94 pence


112,674  Ordinary Shares


 




 


 


 


 


 




Date of the transaction


13 March 2019




Place of the transaction


London




 


TRANSACTION 2




 
 


Description of the financial instrument, type of instrument


Ordinary Shares of 25 pence each




 


 




Identification code


ISIN:- GB0004478896




 


 




 


Nature of the transaction


Sale of Ordinary Shares




 
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


519.94 pence


83,610  Ordinary Shares


 




 


 


 


 


 




Date of the transaction


13 March 2019




Place of the transaction


London




 
 
 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Chris Wallace




2


Reason for the notification




a)


Position/status


Executive Committee Member




b)


Initial notification /Amendment


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Hunting PLC




b)


LEI


2138008S5FL78ITZRN66




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




 


TRANSACTION 1




 
 


Description of the financial instrument, type of instrument


Ordinary Shares of 25 pence each




 


 




Identification code


ISIN:- GB0004478896




 


 




 


Nature of the transaction


Vesting and exercise of share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.




 
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


519.94 pence


7,139 Ordinary Shares


 




 


 


 


 


 




Date of the transaction


13 March 2019




Place of the transaction


London




 


TRANSACTION 2




 
 


Description of the financial instrument, type of instrument


Ordinary Shares of 25 pence each




 


 




Identification code


ISIN:- GB0004478896




 


 




 


Nature of the transaction


Sale of Ordinary Shares




 
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


519.94 pence


7,139  Ordinary Shares


 




 


 


 


 


 




Date of the transaction


13 March 2019




Place of the transaction


London




 
 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Bruce Ferguson




2


Reason for the notification




a)


Position/status


Executive Committee Member




b)


Initial notification /Amendment


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Hunting PLC




b)


LEI


2138008S5FL78ITZRN66




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




 


TRANSACTION 1




 
 


Description of the financial instrument, type of instrument


Ordinary Shares of 25 pence each




 


 




Identification code


ISIN:- GB0004478896




 


 




 


Nature of the transaction


Vesting and exercise of share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.




 
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


519.94 pence


61,470 Ordinary Shares


 




 


 


 


 


 




 


 


 


 


 




Date of the transaction


13 March 2019




Place of the transaction


London




 


TRANSACTION 2




 
 


Description of the financial instrument, type of instrument


Ordinary Shares of 25 pence each




 


 




Identification code


ISIN:- GB0004478896




 


 




 


Nature of the transaction


Sale of Ordinary Shares to cover tax liabilities




 
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


519.94 pence


28,978 Ordinary Shares


 




 


 


 


 


 




Date of the transaction


13 March 2019




Place of the transaction


London




 
 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Sean O'Shea




2


Reason for the notification




a)


Position/status


Executive Committee Member




b)


Initial notification /Amendment


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Hunting PLC




b)


LEI


2138008S5FL78ITZRN66




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted








 


TRANSACTION 1




 
 


Description of the financial instrument, type of instrument


Ordinary Shares of 25 pence each




 


 




Identification code


ISIN:- GB0004478896




 


 




 


Nature of the transaction


Vesting and exercise of share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.




 
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


518.50 pence


40,827 Ordinary Shares


 




 


 


 


 


 




 


 


 


 


 




Date of the transaction


11 March 2019




Place of the transaction


London




 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Daniel Tan




2


Reason for the notification




a)


Position/status


Executive Committee Member




b)


Initial notification /Amendment


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Hunting PLC




b)


LEI


2138008S5FL78ITZRN66




4


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




 


TRANSACTION 1




 
 


Description of the financial instrument, type of instrument


Ordinary Shares of 25 pence each




 


 




Identification code


ISIN:- GB0004478896




 


 




 


Nature of the transaction


Vesting and exercise of share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.




 
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


519.94 pence


74,948 Ordinary Shares


 




 


 


 


 


 




 


 


 


 


 




Date of the transaction


13 March 2019




Place of the transaction


London




 


TRANSACTION 2




 
 


Description of the financial instrument, type of instrument


Ordinary Shares of 25 pence each




 


 




Identification code


ISIN:- GB0004478896




 


 




 


Nature of the transaction


Sale of Ordinary Shares to cover tax liabilities




 
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


519.94 pence


25,099 Ordinary Shares


 




 


 


 


 


 




Date of the transaction


13 March 2019




Place of the transaction


London




 
 
 
For further information please contact:
 




Ben Willey, Company Secretary


020 7321 0123




 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHMMGMFDDDGLZM